Question
8.Use the Sales information above to answer this question. The Jesaki research department established the following price-supply function for widgets: q(x)= 1.03 x + 29,
8.Use the Sales information above to answer this question.
The Jesaki research department established the following price-supply function for widgets:
q(x)= 1.03 x + 29,
where x is in thousands of widgets. Find the equilibrium quantity. Use that information to complete the following sentence:
As the price of widgets tends toward the equilibrium price, the supply and demand are both
widgets. Round to the nearest widget.
9.
Over | But Not Over | Tax Due |
$0 | $15,000 | 2.5% of taxable income |
$15,000 | $30,000 | $375 plus 6.3% of excess over $15,000 |
$30,000 | $1,320 plus 6.4% of excess over $30,000 |
Use the Tax table above the answer the following question. Find the tax due on a taxable income of $18,216.
10.A retail chain sells DVD players. The price-demand function of a particular model p(x) is p(x)=5-2x. Describe how the graph of the function p(x) can be obtained from the graph of f(x)=x. Please check ALL that apply
Group of answer choices
Horizontal Shift Right
Vertically Stretched
Vertically Shrunk
Horizontal Shift Left
Vertical Shift Up
Vertical Shift Down
Reflected in the x-axis
11.A company is planning to manufacture snowboards. The fixed costs are $145 per day and the total costs are $7,862 per daily output of 15 boards. What is the average costs per board tend to as production increases?
12.Find the value of an investment of $16,322 for 13 years at an annual interest rate of 5.4% compounded continuously.
13.Karen wishes to have $19,235 cash for a new car 7 years from now. How much should be placed in an account now, if the account pays 5.7% annual interest rate, compounded weekly?
14. Suppose Matt has invested in a mutual fund that is compounded annually at 17.09%. How long will it take the money invested to double? (Round up to the nearest year)
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